25 Oct 2024
The announcement of anticipated talks between Israeli and Hamas negotiators seemed to shift market sentiment, tempering the heightened volatility observed in recent weeks when threats of escalation drove brisk trading in oil derivatives.
25 Oct 2024
24 Oct 2024
24 Oct 2024
Data showed that the US imported an average of 6.4 million barrels per day of crude last week, representing a 16.3% increase from the week before. Meanwhile, oil producers in the US churned out a historically high level of output during the reporting week, hitting 13.5 million barrels per day.
24 Oct 2024
23 Oct 2024
Global crude oil benchmarks closed higher on Tuesday, 22 October 2024, driven by expectations of rising demand in China and escalating geopolitical tensions in the Middle East, both of which contributed to the surge in prices.
23 Oct 2024
